Copying others can lead to greater comfort with riskier behavior

The best things in life are unlikely to occur. In many situations, taking at least moderate risks yields higher expected rewards. Yet many people struggle with taking such risks: they are overly cautious and forego high payoffs. ...

Study finds same-race friends help teens connect to school

In diverse schools, friends of the same race or ethnicity are influential in shaping teenagers' sense of belonging, finds new research by a multidisciplinary team including Cornell's Adam Hoffman, an expert in psychology ...

Millionaires more risk-tolerant and emotionally stable

According to a study by researchers from the Socio-Economic Panel (SOEP) at the German Institute for Economic Research (DIW Berlin) and the University of Münster, millionaires are more risk-tolerant, emotionally stable, ...

Exact simulations of environmental influences on quantum systems

Today, quantum systems are becoming increasingly important for technological innovations in information processing, cryptography, photonics, spintronics, and high-performance computing. They are in constant interaction with ...

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